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Transcripts For BBCNEWS World Business Report 20240706

welcome to world business report. i m ben thompson. in the last few minutes, the international monetary fund have released their outlook for the global economy. they have revealed it has reached a highly uncertain moment so let me run you through the numbers in the latest economic outlook. the imf expect it to grow a paltry 3% over the next five years. 2.8% this year. the uk is on track to be the worst performing advanced economy this year. expected to shrink by 0.3% in 2023, much worse than many other g7 countries. they say will grow by i% in 202a. the us in contrast, it is forecast to grow by much more, by 1.6% this year and a further i.i% by much more, by 1.6% this year and a furtheri.i% in by much more, by 1.6% this year and a further 1.1% in 202a. the imf s director of research painted a mixed economy. the director of research painted a mixed econom . ., , ., y director of research painted a mixed econom . ., ., , ., , economy. the global economy remains on track for gr

Transcripts For BBCNEWS BBC News 20240706

sport, and a full round up, from the bbc sport centre. well, over to you. well, overto you. hello well, over to you. hello again, matthew. there are 100 days to go until the 2023 fifa women s world cup gets under way in australia and new zealand, and organisers say they re on course to sell a record 1.5 million tickets. co hosts australia are in action in a friendly against the european champions, england. kick off in brentford is just a few hours away. our reporterjo currie is there. jo, the countdown to the tournament is on. absolutely, it is now three and a half they will be a host of stars on display tonight notjust they will be a host of stars on display tonight not just with the but a large number of those players also playing the football here in england also playing the football here in enaulan . also playing the football here in en [an a ., ., also playing the football here in en. ian. ., ., , , also playing the football here in eni [ani ., ., , , ., england and th

Transcripts for BBCNEWS BBC News 20240604 15:43:00

unwinding, while the dislocations to energy and food markets caused by the war are receding. the massive and synchronised tightening of monetary policy by most central banks is starting to bring inflation back towards its targets. at the same time, serious financial stability related downside risks have emerged. the view from the imf. let s speak first to our north america business correspondent, who s at the imf meetings in washington. we have had a lot of information today giving us a sense of what the imf thinks will happen next. we are just hearing from the us treasury secretary janet yellen talking about the us economy performing exceptionally well and there is a gap between the economy is shaking off the pandemic and inflation and the war in ukraine and those finding it much harder to do so. it much harder to do so. that s riht, it much harder to do so. that s right. the it much harder to do so. that s right. the us it much harder to do so. that s right, the us economy - it

Transcripts for BBCNEWS World Business Report 20240604 13:32:00

a further 1.1% in 202a. the imf s director of research painted a mixed economy. the director of research painted a mixed econom . ., , ., y director of research painted a mixed econom . ., ., , ., , economy. the global economy remains on track for gradual economy. the global economy remains on track for gradual recovery economy. the global economy remains on track for gradual recovery from - on track for gradual recovery from the pandemic and russia s war and ukraine. china s re opened economy is rebounding strongly. supply chain disruptions are unwinding while dislocations to energy and food markets caused by the war are receding. the massive and synchronised tightening of monetary policy by most central banks is starting to bring inflation back towards its targets. at the same time, serious financial stability related downside risks have emerged. that is the view from the imf and we will talk more about that in a moment. we will speak to an economist in the united states about w

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